New on Xetra: iShares bond ETF offers access to the bond market for short-term government bonds in the Eurozone
New on Xetra: iShares bond ETF offers access to the bond market for short-term government bonds in the Eurozone
Since Friday, a new exchange-traded fund issued by iShares has been tradable on Xetra and Börse Frankfurt.
The iShares €Govt Bond 0-3 month UCITS ETF offers investors access to the bond market for short-term government bonds in the Eurozone. The fund invests directly in euro-denominated investment-grade fixed income government bonds with a remaining maturity of no more than three months from the date of rebalancing.
It is an accumulating share class, i.e. the interest income is automatically reinvested.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
iShares € Govt Bond 0-3 month UCITS ETF EUR (Acc) | Fixed Income ETF | 0.07 per cent | accumulating | ICE 0-3 Month Euro Government Bill Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,302 ETFs. With this selection and an average monthly trading volume of around €16 billion, Xetra is the leading trading venue for ETFs in Europe.